I own a property preservation company, and I've started to wonder how do I get my hands on the properties that the banks send me to?

The best contacts to sign up with would be the national property preservation companies.

Many won't.The extra costs will reduce the purchase price which complicates it more for everybody.I am not debating the morality or ethics of it just saying real world what I am still seeing going on.Banks are the worst.I have a friend who does property preservation with his own company.Banks want him to go and cover things up in Atlanta for mold,lead and everything else.He tells them they need protective gear to enter and the cost and they say just mow the yard and winterize and trash it out and that's it.Many times the banks have him go around to give bids but the bank never does work they just have to show they got bids from people.So it's ALWAYS about the money.

You can hire a property preservation company to do things like re-key the locks, put a lock-box on the door, board the windows, winterize, etc. as appropriate.Made ContactIf you can make contact, the first order of business is to assess the borrowers situation and determine why they are not paying and establishing what they can afford to pay is the first order of business. 

Make sure you consult a local attorney for information on how best to preserve the LLC shield you created. 

The purpose of this investment is to preserve and grow the profits from my business, and to create cash-flow. 

We try to break issues into categories of: Health & Safety (must be done), Property Preservation (should be done), Marketability (will affect rent amount and vacancy period), and Miscellaneous.

We created a LLC with an operating agreement which addressed who does what and who gets paid and how much.After closing, the property was transferred to the new owners (members) and the closing agent paid us per our Operating agreement.I also have used LLC's when I am using a money partner where they wanted to have a formal agreement.In my experience, there is no benefit from using an LLC in a A to B B to C unless you have a complex partnership.LLC's are not effective in preserving seasoning and they will likely only complicate a process that is already way too mucked up!

Preservation of investors capital is my number one goal followed of course by making good returns on safe (comparative) assets.I have seen lenders tightening requirements on new loans so that is a big focus of mine within this space in the near future.

I did not know that I did not need a new credit check for each one, so I tried to preserve my, then, suboptimal credit score by not looking around.